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to the environment than in fact was really occurring. acknowledging those lies, b.p. has agreed to plead guilty to felony obstruction of congress. make no mistake. while the company is guilty, individuals committed these crimes. and we have also unsealed today a 23 count indictment charging b.p.'s two highest ranking supervisors aboard the deep water horizon with manslaughter and violation of the clean water act. the indictment charges the two b.p. well site leaders with negligent and gross negligence on 2010. the red flags indicating that the well was not secure both men failed to take appropriate action to prevent the blow out. a separate indictment was also unsealed today charging a former senior b.p. expect sive with obstruction of a investigation and making false statements to law enforcement officials. the indictment alleges that he on behalf of b.p. intentionally under estimated the amount of oil flowing from the well. he allegedly cherry picked pages from documents, with held other documents al together and lied to congress and others to make this spill appear less catastrophic than it
situations but also to look at the bigger public policy, that of the environment and that of climate change and global warming. we need to be cognizant of our stewardship over the -- our planet. we need to make certain that if these data that are compiled are telling us that there is increased prescription, for instance, over the catskills watershed, in my district, let's respond accordingly to sound public policy as it relates to our environment and our stewardship of the environment and let's be cognizant of the needs in response of this measure. you know, i'll just say this, and i know you want to add to this discussion here. i'll say this, in a time where government perhaps has been hit hard by critics out there suggesting there's no role for public sector here, we need to reduce government, i can tell you people addressing the war room, as they designated it, putting together all of the professionalism and academics and people who operate these programs and how well trained, watching that compilation, that collaborative effort of these profession alcs who are responding to public -- pr
do not want to think about them as an increase. just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the caller brings up a great point. this idea of tax fairness. who should pay more? another caller brought up before. what this caller is scion is that something that the president echoed again and again on the campaign trail. and he feels like this as part of the government moving forward. part of the tax fairness issue is at the wealthy should pay more to help pay down the deficit. the other caller was saying he feels like more people should pay federal income taxes to pay down the federal it deficit. this is sort of the two ways that the part
are being formed today in an environment that's much, much more radical than was the case nearly a decade earlier. i think there are some important lessons that the u.s. can learn from iraq and from afghanistan and from what's taking place there. but again the thing i would take away and the thing i would really stress to people is that this is not a war that the u.s. can win on its own. it's very -- it's very tempting for the u.s. to see a problem and to want to go in and solve it all the way. and i think there has to be a realization that sometimes being so pro active and carrying out so -- proactive and carrying out so many missile strikes and drone strikes can actually have a negative impact. >> ibrahim, did you want to chime in on this one? >> well, i didn't hear the question. i have a hard time hearing from the audience. but what greg said made sense to me so thank you. [laughter] >> i'm sorry. i'll start repeating the question to make sure we can get it. >> thank you. >> in the back. >> thank you. good morning. my name is giancarlo gonzalez with talk radio service. yemeni president
document. the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor
whether we have to compete. you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other sp
the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec to try and overthrow that. that is astonishing. i know people and oil companies who are amazing people, and it is very important to energy here. in this case it is not a political issue. europe and america are going to make this outlandish opacity, and if that is not a word, i would like to suggest it to the oxford dictionary. when you publish what you pay, then the civil societies in those regions get to hold the government to account. that is one of the best things you can do to stimulate business investment. thank you. >> i am stating international development so this is close to my heart. how we develop the perspective and the mindset and incentivize people -- >> i am sorry i missed that. >> the whole quest
sway? guest: i think it does. he won as an independent. host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if those tax rates become effective. president obama did get a mandate to implement the taxes. he won over 2.9% of the popular vote. that is a greater percentage, not counting bush, who did not win the popular vote. host: this comes from the tax policy center and shows with the tax increases could be. guest: that is a significant tax increase and we have to avoid it. the president has urged and i support -- let's vote today on making sure that the bottom 98% of taxpayers in this country, people up to $250,000, we will make sure they will
and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he came from a poor province. he has a ph.d. from a famous university in china. he has a solid command of english. he is seen as more of a reformer. host: is there a strong middle- class or is there a disparity between the poor and the wealthy in china? guest: that is the most serious problem for the leadership to address, social inequality. there are 200 million people are considered middle class. they are demanding an expecting different things from the leadership that they may or may not be able to deliver. host: the president is circling china through southeast asia and not going to china. is that a political message to china? guest: china will
are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we follow gree
Search Results 0 to 9 of about 10

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